Renting & Real Estate - February 2007

My friend works as a financial advisor. He told me I get a 0% rate of return on my equity and principal. If I make interest only payments my tax deductions will be the same on the life of loan. If I invest $500 a month in to a fixed rate of 6% after 30 years I would have accumulated $500,000 in a tax deffered investment with the distribution not taxable. With this type of structured investment my only options would be a roth IRA or an investment grade life insurance. I would have to structure it with the minimum death benefit and fund it over 5 years with equal premiums so it would not become a MEC. Since I am so young and the cap on Roth IRA investments would be $4,000 a month the insurance would be my best bet to get a good return on my money versus a taxable or tax deffered investment. I could withdraw my money via policy loans at 2.6% which would be much less than a 33% tax on my money. He told me people in the mortgage industry only know about mortgages and would probably disagree

2007-02-17 13:50:30 · 5 answers · asked by Anonymous

2007-02-17 13:31:13 · 6 answers · asked by Ally, THAT girl 1

I need one for my my clients, 3 floor building,
4 person will be ok.
Otis or similar,
and low cost........

2007-02-17 13:29:48 · 1 answers · asked by MIkE ALEGRIA 1

My fiance and i are looking to buy something that is cheap enough so we can buy it outright. We are currently living in Egypt, but wish to come to America for to further both of our educations. We both agreed we wanted to be near my family, and they're all in Trumble, Portage, or Geauga counties. I have no idea where ot begin as the housing in Egypt to America is completely different. We wont have much money, in American dollars, to buy a place, but he can't stand renting. I'm stuck! Please help.

2007-02-17 13:11:52 · 3 answers · asked by amby_rya 1

yes I looking for restate agent to buy a house in disney word Flordia I have the fiancing

2007-02-17 12:49:39 · 2 answers · asked by pattibcacl 6

I rent in MI and the owner has a landlords liscense which requires the city to inspect the property every 2 years. What a joke! Nothing is done, miminal maintanence is done and my health is suffering. Other than move, what recourse?

2007-02-17 12:39:35 · 1 answers · asked by Ann S 3

A close friend of mine has just found out his girlfriend has been cheating on him for the last few months. They have only been in their new home a few weeks, they also have a child together.

Advice needed for UK please.

What can he do about the mortgage? Its joint and he cannot afford it on his own. As far as I know, they have signed for 2 years. Will they be penalised for selling up only a month into it?

Any other useful advice or links much appriciated!
Thanks.

2007-02-17 12:16:06 · 8 answers · asked by Anonymous

I have rented out an apartment for two ladies. They signed a contract with me for 6 months.They signed, that the apartment is in good condition after seeing it. They gave me the deposit and first month rent. After couple of days they decided to move out, because of the cockroaches present. Now they want all the money back from me. I had to pay my mortgage and lost whole month because of them. Now they say they will sue me if I won't give them their money back. Are they right?

2007-02-17 12:06:56 · 13 answers · asked by Anonymous

2007-02-17 12:01:11 · 6 answers · asked by Pink Freud 1

2007-02-17 11:37:38 · 3 answers · asked by David L 1

i have a 629 score and i have just closed on my first mortgage. i want to know if this will raise my score if all payments are on time, if so how much and how long does it take?

2007-02-17 11:32:53 · 3 answers · asked by cmorreale31 1

2007-02-17 11:27:04 · 7 answers · asked by ara2680 2

Question-
In-laws have a 40K mortgage on a house that is falling apart... roof caving in, mold on the walls and is basically irrepairable through insurance claims. Are there any loopholes with mortgages if we have the house deemed inhabitable?
Please advise ASAP!!!!

2007-02-17 11:20:29 · 5 answers · asked by Jenn 2

Closing on Monday, funding will not be completed until Wednesday.

Buyers & the Realtor trying to force me out on Tuesday or by 6 AM Wednesday, before I will have my funds... which are needed to close on my house out of state (those will be wired on Wed.).

Also, I *have* to have the remaining proceeds in order to pay for my long trip.

The buyers will not get their proceeds to fund *my* house until Wed., either, of course... so technically shouldn't the house remain in my possession until funding has occurred?

I'm in Louisiana, btw.

Please advise! Thank you in advance.

2007-02-17 11:15:09 · 10 answers · asked by coffeepleasenosugar 4

2007-02-17 10:54:19 · 4 answers · asked by joy63joy 1

FREE!!! nothing I have to pay for. Some thing quick and easy I can just print out.

2007-02-17 10:33:25 · 1 answers · asked by Anonymous

2007-02-17 10:27:35 · 8 answers · asked by Anonymous

I have repainted and recarpeted the entire house, and a new high-end furnace/central air combo.

These are the remaining problems:

1 - hideously 70s non-working 2nd bathroom
2 - unattractive and unsafe 70s kitchen (complete with holes in the wall)
3 - weed and dead-shrub infested yard
4 - 70s aluminum siding (the wide stuff) that is misaligned and pink
5 - cracked foundation
6 - unsafe balcony on roof with no railing

I've read some things that say that it's best not to remodel before selling because you won't get your money back. but I find it hard to believe that this would be true in all cases. For example, most of the things on this list would make me say, 'no way!' if I walked into my house, even if I had every intention of remodeling. If the house looks unsafe, or sloppy, then it makes you wonder what other problems are lurking that may not be as visible. That's only for the potential buyers who could get past the low 'curb appeal' of my house. Thanks for any input!

2007-02-17 10:25:14 · 7 answers · asked by Anonymous

My tenancy agreement will expire in November and I was wondering if that will be a problem. People always say that no-one moves before Christmas, but will that mean there aren't many houses on the market, or will there be loads to choose from? I'll have to move in 1st December roughly. (I live in London, UK by the way)
Thanks, x

2007-02-17 10:24:37 · 3 answers · asked by Cal Roscow 1

having only been on the mortgage for 12 mths has left the property yet still remains on the mortgage and he is attempting to force me to sell the house which was my sole property which i purchased on my own.i can remove him from the mortgage but does he still have the rights of ownership if any at all

2007-02-17 10:08:49 · 7 answers · asked by oultonpark 1

I am a college student about to graduate in a year, and I have some debt that needs to be paid off. I know that flipping houses can be pretty lucrative, especially since you're working in the real estate market. I know that the housing market bubble burst about a year or so ago, and that houses aren't worth as much as before, but I'm referring to how profitable flipping would be in the next couple of years. Also, how would you start going about it? Since I don't have much capital, should someone like me buy a small older house first, and try and work my way up from there first? Thanks!

2007-02-17 09:45:58 · 7 answers · asked by Erik Von Fürstenberg 2

Trying to find TV listings for Turlock, Ca.

2007-02-17 09:44:23 · 1 answers · asked by Steve S 1

I'm interested in starting a real estate investment business in Ontario, Canada or the U.S. A business of flipping properties, and/or renting out properties. I'm looking for someone with the same interests as me but has more knowledge of the money side of things, while I do all the leg work: finding homes, making calls, etc. I dont have any clue as where to begin or who to ask, I just have a strong passion for this type of business. So if you have any advice for me as to how I get started or who to talk to??, or if you want to be apart of what I'm trying to achieve I would love to hear from you. Any advice would be great. Thanks

2007-02-17 09:34:40 · 1 answers · asked by allbuisness 1

2007-02-17 09:30:14 · 6 answers · asked by gm3468us 1

I got a reply to a question about filing ch 13 and this person said go for it saying they got a house financed 1 year into the plan? That doesnt sound right to me. Also, i live in the state of LA. under forced heirship laws that apply in my case. I also cannot refinance or take a line of credit without their consent and i havent got my succession payerwork started to remove deceased off record so stuck in filling ch 13 or debt consolidation through cccs. Besides, who is going to finance me anyway oweing paid credit?

2007-02-17 09:01:13 · 3 answers · asked by confusiongirl 1

2007-02-17 08:32:49 · 3 answers · asked by Anonymous

Has anyone used this company:

http://www.flsonline.com/

They claim to provide key pre-foreclosure info for Tarrant & Denton Counties...

If they are not reputable can anyone suggest a service?

Thanks,

Scott

2007-02-17 08:21:35 · 3 answers · asked by Scott P 2

givin the average house and the average flip

2007-02-17 08:20:34 · 7 answers · asked by Anonymous

2007-02-17 08:11:02 · 5 answers · asked by Anonymous

My cousin lives in an apartment in Fullerton, CA. She has been getting sick lately and she believes it is from molds or toxins in her apartment. She wants to hire someone to check it out and get it fixed if there are any. Should she talk to the landlord first? Would she have to pay for this or would the landlord have to?

2007-02-17 07:42:22 · 4 answers · asked by xoxmissjxox 3